Unit Trust FAQ

What happens in the case of a unit trust investor’s death?

Your unit trust investment falls into your deceased estate, and may therefore be subject to Estate Duty. On receipt of the prescribed death notification, 10X will only act on the instructions received from the executor of your estate.

What is a unit trust?

A unit trust refers to an investment portfolio that is managed as a Collective Investment Scheme and divided into equal parts or ‘units’. Unit trust investors therefore buy units of the portfolio, with each unit representing a proportionate share of all the assets underlying the portfolio. The unit trust price reflects the current market value of the underlying assets, divided by the number of units in issue. The unit trust vehicle is appropriate for if you want to invest discretionary (non-retirement) savings...

Can I transfer my 10X Unit Trust?

You can transfer the 10X Unit Trust to another person or legal entity but this may trigger Capital Gains Tax for your account. You cannot transfer the 10X Unit Trust to another service provider, you m...

Where’s the interest and dividend income for my 10X Unit Trust?

This is automatically re-invested unless you request your interest and dividend income be paid out to you. Interest and dividends earned are re-invested by the index funds underlying the 10X Unit Trus...

Get up to 60% more savings with 10X

Investing is simple and easy with 10X's award winning low cost investment solution

Find out more

Get started or switch to 10X today.